On Tuesday, sources close to Santorum told ABC News that the former presidential candidate will be announcing the formation of a 501 c(4) organization that he will use to pursue a set of issues he has fought for during much of his political career.

This first wave of issues is likely to focus on an agenda that includes anti-abortion, faith and family causes.

However, another senior strategist with ties to Santorum cautioned supporters would have to wait until Friday to find out about Santorum’s next move.

Though Mitt Romney is now at the helm of the Republican Party as its presumptive presidential nominee, it stands to reason that Santorum can still remain relevant as a de facto leader of social conservatives.

Last month, the pro-Santorum super PAC, the Red, White, and Blue Fund, became a hybrid political action committee that will also work as a traditional leadership PAC to push Santorum’s message, support his political travel, cover administrative costs and donate money to candidates he supports with similar views. This new issues-oriented push from Santorum could easily operate out of this leadership PAC.

The announcement could come during Santorum’s morning speech at the Conservative Political Action Conference in Chicago. Friday will be a busy day for the former Pennsylvania senator. He is also headlining a fundraiser in Dallas for the Tea Party candidate in the Texas Senate race, Ted Cruz.﻿

Richard Ellis/Getty Images(WASHINGTON) -- The campaign of former China Ambassador Jon Huntsman on Tuesday sent a media advisory about a mysterious event in Coral Gables, Fla., instantly setting the twittersphere abuzz with speculation on what exactly Huntsman would say.

The breaking news? Jeb Bush Jr., the son of former Florida governor Jeb Bush Sr. and nephew to President George W. Bush, is now endorsing Huntsman.

Bush Jr. took to Huntsman’s H-Blog before the Coral Gables event to reveal his new position as Nation Chairman of GenH, the campaign’s new youth and young professional outreach program. Huntsman is also gaining the support of Ana Navarro, a Florida GOP activist, who will become Huntsman’s National Hispanic Chairperson.

“In 2008, Florida and the presidency went to Barack Obama because he offered hope,” Bush wrote. “To defeat the President in 2012, we need a candidate who will offer solutions. That man is Jon Huntsman.”

"All the factors say go, but my heart says no," Huckabee said Saturday night. "My answer is clear and firm, I will not seek the Republican nomination for president this year."

After more than a day of will-he-or-won't-he speculation about his intentions, Huckabee took to the airwaves of Fox News, which broadcasts his weekly television show, to make the announcement. He said the past few months "have been a time of deep personal reflection."

"I had come to believe that I would begin the race for president," he said, "but I won't be."

Before he broke that news, however, he listed a litany of reasons why he should.

"Polls have consistently put me at or near the top to be the Republican nominee," he said, and added he no longer had concerns "about raising the necessary funds" to mount a campaign.

"I don't have an issue with my family being supportive," he said, noting that his wife and children were supportive. Huckabee described his decision-making process as a "spiritual" journey.

"I'm a believer and follower of Jesus Christ and that relationship is far more important to me than any political office," he said.

"I wish him well," said Ed Rollins, Huckabee's 2008 campaign manager, after Huckabee's show ended. "Obviously he made a tough and personal decision."

"He's never gotten up and looked in the mirror and said, 'There's the next president of the United States," Rollins said. "If you don't do that, you're not going to be the most viable candidate."